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Thomas Long, Course Instructor

This daily chart shows the series of lower highs and lower lows which means a strong downtrend. I would continue to look for sells as long as the pair remains below the 1.4331 high noted on the chart.

EURAUD_body_66948d1284473064-trend-day-euraud-914.png, EUR/AUD

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.